long-term debt


Loans and obligations with a maturity of longer than one year; usually accompanied by interest payments. also called funded debt.

Use long-term debt in a sentence

Mortgages financed for more than a year and automobile loans of more than 12 months are examples of long-term debt.

​ Was this Helpful? YES  NO 5 people found this helpful.

We had a lot of long-term debt to pay off and it made all of us really happy in our company, because we knew we would do it.

​ Was this Helpful? YES  NO 9 people found this helpful.

On signing day, the Henderson's were excited about their new home, yet nervous about the addition of another long-term debt to their repertoire of bills.

​ Was this Helpful? YES  NO 6 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
debt/equity ratio Dragon Bond